Editor’s letter - April 2012

martin-friel-0710-editor-insurance-age

“It’s fair to say that old Hector didn’t have the easiest of rides”

So Hector Sants is finally on his way out of the Financial Services Authority (FSA). I say finally not because I was desperate for him to depart, but because he had previously attempted to ‘do one’ back in 2010. Apparently he was persuaded to hang around, manage the regulator through the worst financial crisis in generations and oversee its break up. Tough gig. It’s fair to say that old Hector didn’t have the easiest of rides – that honour may best be bestowed upon his predecessor John Tiner –

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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